Sentences with phrase «global data breach»

Responding to a notice last month from the Centre, asking Facebook whether personal information of any Indians was stolen as part of its global data breach involving UK data firm Cambridge Analytica, the US - based social media company on Thursday admitted that about 5.62 lakh users in India were «potentially affected».

An attack can cost an organization heavily in investigative expenses and other response and aftermath costs, as well as lost business opportunities after its reputation takes a negative hit, according to IBM's annual global data breach costs study published this month.

The recent spate of cyber attacks and global data breaches has propelled disaster recovery planning strategies to the forefront of companies» security agendas.

Not exact matches

The World Economic Forum's Global Risks Report 2018 says large - scale cyberattacks and data breaches are increasingly likely amid rising cyber-dependency.

Even among the hundreds of data breaches that occur each year, the hacking of card processor Global Payments stands out.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The amount of penalties imposed for data breaches (the loss, destruction, alteration, unauthorised disclosure of, or access to, personal data) is more stringent under the GDPR, and can be as high as # 17m, or four per cent of global turnover.

Paige Schaffer, President and COO of Generali Global Assistance's Identity and Digital Protection Services Global Unit, commented on today's news, «Generali Global Assistance is honored to alleviate issues facing data breach and identity theft victims, as well as to be recognized once again with International Stevie Awards and our first Golden Bridge Awards.

Beyond these awards, Generali Global Assistance's industry - leading customer service has been exemplified recently in the wake of the Equifax data breach impacting approximately 143 million Americans, or roughly 40 % of the U.S. population.

UPDATE: Graph was flawed, but northern hemisphere did breach 2 degrees Just two days ago we had our («mildest» /» warmest» /» hottest ever recorded») winter update, based on the surpassing global temperature records for December, January — and the preliminary data for February.

«The University of East Anglia breached the Freedom of Information Act by refusing to comply with requests for data concerning claims by its scientists that man - made emissions were causing global warming.

More wide - reaching and onerous than the existing Data Protection Act, GDPR also carries the threat of severe financial penalties for firms found to be in breach, with maximum fines being 20 million Euros, or 4 % of the firm's global turnover...

More wide - reaching and onerous than the existing Data Protection Act, GDPR also carries the threat of severe financial penalties for firms found to be in breach, with maximum fines being 20 million Euros, or 4 % of the firm's global turnover — whichever is higher.

Canada Bell apologizes to customers after data breach hits 1.9 million e-mail addresses, Globe and Mail Indigenous group says inquiry into missing and murdered women a failure, Globe and Mail Sentencing hearing starts for teen in deadly school shooting in Saskatchewan, Canadian Press United States Trump says he has «absolute right» to share facts with Russians, Reuters More Americans want «independent» investigation of Trump: Reuters / Ipsos poll, Reuters International Researchers say global cyber attack similar to North Korean hacks, Reuters Ukraine imposes sanctions on Russian web firms, citing cyber threat, Reuters

With the risk and concerns around data privacy and security continuing to escalate, global law firm K&L Gates has established a preferred provider program with incident response management company RADAR in order to offer clients enhanced - value services relating to the risk, detection, defense, and management of security incidents, including compliance with data breach laws.

For the more egregious offences, such as breaches of basic data protection principles, data subjects» rights, international transfer restrictions etc., fines can be up to $ 20 million ($ 30 million) or 4 % of global revenue, whichever is greater.

Paul Glass Qualified: 2002 Made partner: 2015 Key cases: Advising a global multibillion - dollar company in relation to data breaches and theft of customer data by third parties; advising a global multibillion - dollar technology and IT company on disputes arising out of IT projects.

«Institutions around the world recognize that the threat of cyberattacks and data breaches are not going away any time soon,» said Squire Patton Boggs chair and global CEO Mark Ruehlmann.

Norton Rose Fulbright also counsels clients on legal compliance and business strategy relating to data privacy and security risk management and provides a global 24/7 incident response service in the case of a data breach.

It criticises the application of vague principles and rules in a manner that effectively changes the law retrospectively, for example, the Data Protection Act 1998 requires that information be processed «fairly» but does not define this term, yet penalties for a breach are to be increased to 2 - 5 % of a company's global turnover.

The Ponemon Institute 2014 global cost of data breach study estimated the average cost of a data breach increased 15 per cent in 2014 and in the U.S., the average cost to a company was $ US3.5 million.

The EU GDPR will bring in massive fines for data breaches — as high as 20million Euros or up to 4 % of global turnover — as well as new rules to ensure privacy is designed in to data policies, plus new rights for citizens to ask for their personal data to be edited or deleted.

Cyber Security Data Breaches — Global Public Affairs (pdf) Cyber Security Legal Considerations Presentation — Fasken Martineau (pdf) CyberSecurity by Chubb — Chubb Insurance Company of Canada (pdf) Cyber Security — Crisis and Reputation Management Presentation — Global Public Affairs (pdf) Get Cybersafe — Government of Canada (pdf) Network Security and Privacy Breach Insurance Presentation — Chubb (pdf) Insurance Claims Process Form (pdf) Risk Management Fire Safety Plan (pdf)

Paige Schaffer, President and COO of Generali Global Assistance's Identity and Digital Protection Services Global Unit, commented on today's news, «Generali Global Assistance is honored to alleviate issues facing data breach and identity theft victims, as well as to be recognized once again with International Stevie Awards and our first Golden Bridge Awards.

Beyond these awards, Generali Global Assistance's industry - leading customer service has been exemplified recently in the wake of the Equifax data breach impacting approximately 143 million Americans, or roughly 40 % of the U.S. population.

«While many companies focus on identity theft prevention alone or after the fact data breach response services, Generali Global Assistance provides proactive risk mitigation for both companies and their customers,» said Paige Schaffer, President and COO of Generali Global Assistance's Identity Protection Services Global Unit.

The law, which is largely focused on data consent, is designed to be a «one - stop - shop» for companies operating across the EU, and those in breach of the legislation can be fined up to $ 20 million, or four percent of annual global turnover.

Facebook denies that the harvesting of tens of millions of profiles by Cambridge Analytica, working with Cambridge academic Aleksandr Kogan and his company Global Science Research (GSR), was a data breach.

When the news of the massive Facebook data breach, also known as the Cambridge Analytica Files, broke on the night of March 16 - 17, global retribution was swift.

The EU is preparing to launch tough new data protection rules next month, under which companies could be fined up to four per cent of their global turnover for breaches.

Global stock markets saw deep losses Monday in the wake of a report over the weekend that Facebook suffered a data breach.

Speaking at the report launch, Akhilesh Tuteja, Partner and Head — Risk Consulting for KPMG in India and Co-Leader — Global Cyber Security, KPMG said, «Cybercrime has moved from corporate espionage and theft of Intellectual Property to use of advanced technology and malicious software, with the intent of holding companies to ransom and the threat of sabotaging brand reputation with data security breaches.»

These are all welcome changes and refreshing transparency, but the negligence to recognize what this breached data was used for and the implications it may have had on global political discourse isn't lost on us.

«I don't think there's a risk to consumers in terms of credit reports that are ordered by employers,» Brad Landin, President and Chief Compliance Officer of Employment Screening Resources (ESR), a global background check firm located in the San Francisco area, told Bloomberg BNA in an interview about the Equifax data breach.

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About Blog Analyzing the Global Impact of Cybersecurity, Law, and Business Risk.I have extensive experience advising and guiding clients through state and federal court matters involving highly complex cyber, technology, commercial, and intellectual property legal issues such as computer fraud, hacking, data security and data breach, privacy, social media law and the Computer Fraud and Abuse Act.